Asia Mining News

Dalian coke futures end at 3-week low on demand concerns

Chinese iron ore and rebar contracts, however, edged up on hopes that steel demand will pick up.

Indian court orders Vedanta to not reopen copper smelter for a month – petitioner

The case was filed in the Madras high court by anti-Vedanta campaigner Fatima Babu, challenging a decision by the national green tribunal.

Asia Gold – Higher prices and holiday season keep buyers at bay

For the next few weeks demand will remain subdued. Overseas suppliers and even some jewellers will take a break for year-end celebrations.

Freeport Indonesia has new mining permit valid to 2031

The permit given to PT Freeport Indonesia is valid up to 2031, and could be extended another ten years.

The year that politics broke the metals cycle: Andy Home

In a world where the Trump Administration is leading a return to economic and resource nationalism, it’s hard to see how global metals can break free of global politics.

Freeport to pay Indonesia $32m for illegal forest use – state auditor

The government aims to issue a new mining permit for Grasberg - which requires the environmental permit issues to be settled - before the end of the year.

Jewellery giant Chow Tai Fook joins De Beers diamond blockchain program

The Hong Kong-based company's involvement will further extend the platform’s reach into the Asian diamond sector.

Indonesia's Inalum expects to finalise Freeport deal this week – CEO

Inalum was proposing to sell a 10% stake in PT Freeport Indonesia to Papua for $819 million.

Coal demand seen steady through 2023 thanks to India and China — IEA

Coal consumption is on the rise and will remain roughly stable over the next five years, the International Energy Agency forecasts.

Mitsubishi kisses thermal coal goodbye, sells Aussie mines

Japan’s biggest trading house is selling its 31.4% stake in Clermont coal mine to a 50-50 joint venture between Glencore and Sumitomo Corp, and its 10% stake in Ulan coal mine to Glencore.

China's HBIS to invest in $4.4B steel project in Philippines

The Philippine Iron and Steel Project will be the country's first integrated steel complex and represents the biggest industrial investment from China.

India holds off raising import tariffs on some US goods until Jan 31

Deferring for the fourth time retaliatory action against higher import tariffs imposed by the U.S. on steel and aluminium, the government said on Monday.

Only 13% of board members in the mining industry are women: Bedford

When it came to analyzing named executive officers in mining firms, only 8% were women.

Thirteen miners trapped in coal mine in northern India after flooding

'We are praying that they come out alive' - Meghalaya Chief Minister Conrad Sangma.

Asia Gold-High prices leave demand in the doldrums ahead of holidays

If prices come down, we might see some buying because both the new year and the Chinese new year are coming up.

Capturing the value of veterans in mining

Capturing the diverse skills and talents of highly-trained defence force personnel as they transition to civilian work requires a specialised approach.

Indonesia coal miner Bayan completes A$226m buy back of Kangaroo Resources

"The aim of this share purchase is so that the company can have full control over its subsidiaries owned indirectly by Kangaroo Resources."

Alacer tables resource for Ardich in Turkey

Recent drill highlights include 48.5 metres grading 2.69 grams gold from 60 metres downhole and 42.5 metres grading 2.55 grams gold from 31 metres downhole.

India's green court to issue judgment on Vedanta smelter next week

A judgment on the smelter will be uploaded on the court's website in a week's time, after which there will be no further hearings on the case.

Asia Gold-India's gold demand loses steam due to high prices

Sentiment in gold is shrinking and if the price doesn't change demand will decline

India court panel extends hearing on Vedanta smelter case

State authorities permanently shut down the Tamil Nadu plant after police fired on protesters calling for the closure of the plant in May over concerns it was polluting their air and water.

Malaysian uncertainties complicate Aussie miner Lynas' growth plans

Lynas $800 million plant on the east coast Malaysia began operations in 2012 after long delays caused by legal challenges and environmental disputes.

Losing licence to operate new and biggest threat to miners — EY

Mining companies across the globe now consider the risk of losing their licence to operate as the biggest risk to their businesses in the next two years

Lynas mulls legal action as Malaysia conditions licence renewal

The Australian rare earths miner said it was disappointed with Malaysia's decision to impose new conditions on its licence to operate in the country, adding it was considering all options, including legal action.

The Saudi dilemma: To cut or not to cut

To cut and push up prices or not to cut and preserve market share.